Results 4,181-4,200 of 4,810 for speaker:Liam Twomey
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)
Liam Twomey: I thank Mr. Brown and Mr. Bell for attending the committee. I propose that we suspend the meeting until 2 p.m. and resume with witnesses from AIB. Is that agreed? Agreed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Liam Twomey: I call Deputy Arthur Spring.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I welcome Professor Honohan, Governor of the Central Bank. He appeared before the committee on 30 April and we are pleased to welcome him back. The format of the meeting will see him making some remarks, which will be followed by a questions and answers session. I remind members, witnesses and those in the public gallery that all mobile telephones must be switched off. I wish to advise the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Deputy, I must ask you to put your phone away. It is causing problems with the sound system.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I am trying to be fair to everybody by allocating slots of ten minutes. As this slot is now heading towards 13 minutes, I ask Professor Honohan to be brief.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: The Deputy should not be provocative.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I have a quick question for the Governor. In the course of his contribution he said the industry pays many costs and that all regulatory costs could be so recovered instead of having the effect of eating into the Central Bank surplus. What percentage of the costs cannot be recovered? What changes are being requested?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Which sectors only pay 50%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: What has the Central Bank requested from successive Governments? Does it seek 100% recovery of regulatory costs?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: As regards the Governor's proposals other than the 20% deposit, such as income limits, will they be fixed proposals for early in 2015? Affordability is based as much on the price of a home as on interest rates. Will a sliding scale be used whereby if interest rates exceed a certain point only two and half times a person's income will be taken into account?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: As regards the issue around mortgage insurance and the system in Canada, has the Governor ideas he would like to share?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: The Governor has told this committee previously that mortgage arrears is an issue that constantly arises. What does the Governor have to say on this?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: When Permanent TSB appeared before us, I think it said that when the whole process is being worked out and, for some reason or other, the house is given up voluntarily or is repossessed, it has a system where it writes off up to 80% of the residual debt. That is not something on which the other banks have come forward. If someone has followed the process through to the very end, it would...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: The law is that-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I am talking, more or less, about people under pressure.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Three years is a long time and the Central Bank has still not got its new headquarters sorted out.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: We have now finished with the main speakers. All speakers from now on will have five minutes. I will call out the list of speakers. The first speakers will be members of the committee, starting with Senator Byrne and Deputy Barry. Deputy Paul Murphy has indicated he wishes to speak but he is not a member.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: If the Senator goes back over the record, he will see it has always been five minutes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: He just takes it. Does Deputy Rabbitte, who is a member of the committee, wish to take a slot?